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airport ownership
in the 1970s, airports were typically government owned
at a national level
examples include heathrow, johannesburg, dublin, paris cdg, sydney
at a local level regional uk airports, us airports mixed frankfurt, amsterdam airport ownership managed in three different ways directly by the government
particularly in asia, middle east, africa and south america
semi-autonomous examples include heathrow and amsterdam
concessions with some private sector involvement
venice, zurich airport ownership
the 1990s has seen increased privatisation of airports
driven by growth in passenger demand reducing governmental budgets
privatisation of airlines requiring a more commercial outlook
process began in the uk
the 1990s has seen privatisation become more common, as the potential commercial returns from airports become visible
airport ownership for airport privatisation reduce the need for public sector investment free access to commercial markets reduce government control freedom to diversify improved efficiency greater competition against airport privatisation airports are national/ regional assets political beliefs monopoly position priority to shareholders over local people types of airport ownership government owned and operated
e. g
finland, and some airports in the us.
mixed private-government ownership, with the private sector owning a majority share
e. g
denmark, austria, and switzerland.
mixed government-private ownership, with the government owning a majority share
e. g
hamburg, france, china, and kansaijapan.
government ownership but contracted out to an airport authority under a long term lease (ÀÌÇÏ »ý·«)